Description

BSE notifies part redemption of four series of non-convertible debentures of Kolte-Patil Developers Ltd with reduced face values effective January 16, 2026.

Summary

BSE has issued Notice No. 20260114-8 informing trading members about the part redemption of non-convertible debentures of KOLTE-PATIL DEVELOPERS LTD. The company has fixed January 16, 2026 as the record date for the redemption. Trading in these debentures will occur with reduced face values effective from the record date in settlement DR-800/2025-2026.

Key Points

  • Four debenture series of Kolte-Patil Developers Ltd are undergoing part redemption
  • Record date set as January 16, 2026
  • Trading with reduced face values begins January 16, 2026
  • Settlement number: DR-800/2025-2026
  • Notice issued by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations

Debenture Details

KPDL-ZC-17-4-33-PVT (INE094I07049, Code: 974771)

  • Reduced Face Value: Rs. 60,413 per debenture
  • Effective Date: January 16, 2026

KPDL-21-12-33-PVT (INE094I07064, Code: 975276)

  • Reduced Face Value: Rs. 61,523 per debenture
  • Effective Date: January 16, 2026

KPDL-ZC-20-9-34-PVT (INE094I07072, Code: 976030)

  • Reduced Face Value: Rs. 60,911 per debenture
  • Effective Date: January 16, 2026

KPDL-15-10-35-PVT (INE094I07080, Code: 977231)

  • Reduced Face Value: Rs. 98,945 per debenture
  • Effective Date: January 16, 2026

Compliance Requirements

  • Trading members must note the reduced face values for all four debenture series
  • All trading in these debentures must reflect the new face values from the effective date
  • Members should update their systems to reflect the part redemption

Important Dates

  • Notice Date: January 14, 2026
  • Record Date: January 16, 2026
  • Effective Date for Reduced Face Value: January 16, 2026
  • Settlement Number: DR-800/2025-2026

Impact Assessment

This part redemption affects debt market participants holding or trading Kolte-Patil Developers’ non-convertible debentures. The reduced face values across four debenture series will impact the trading dynamics and valuation of these instruments. Debenture holders will receive partial redemption proceeds while continuing to hold debentures with reduced principal amounts. Trading members must ensure their systems accurately reflect the new face values to maintain proper settlement and valuation.

Impact Justification

Routine debt instrument redemption affecting four debenture series with specific face value reductions for Kolte-Patil Developers